PG: “Any industry that still has unions has potential energy”

Re:PG: “Any industry that still has unions has potential ene... by 6502nerdface on Sunday November 08, 2015 @06:47PM (#10530586)

> [...] he is suggesting is that startups could fix the inefficiencies in the market that unions have created. The problem is that fixing these inefficiencies would primarily benefit people like PG[...]

And perhaps the customers of the industry?

Edit: My point is that, assuming there are inefficiencies created by unions in a given market (as the parent does), then correcting those inefficiencies would be a positive externality for the market at large, i.e., it would benefit more than just the specific company or investors.

[ Parent | on HN ]

Re:PG: “Any industry that still has unions has potential ene... by EliRivers on Sunday November 08, 2015 @06:50PM (#10530599)

Doubt it. Why would I give the customers a better deal when I could just take that money for myself? If I was the kind of guy who wanted to give the customers a better deal, I wouldn't be screwing over my employees.

[ Parent | on HN ]

Re:PG: “Any industry that still has unions has potential ene... by jdminhbg on Sunday November 08, 2015 @07:16PM (#10530698)

> Why would I give the customers a better deal when I could just take that money for myself?

Barring a monopoly situation, this isn't a choice you get to make.

[ Parent | on HN ]

Re:PG: “Any industry that still has unions has potential ene... by EliRivers on Monday November 09, 2015 @06:08AM (#10532345)

I wish I lived in this bizarre world of yours in which economics is a kind of frictionless, perfect implementation of a primary school level of economics. Sadly, I live in a world in which companies that do not have monopolies nonetheless don't make zero profit. Put down your happy-clappy-valley economic religion and look out of the window.

[ Parent | on HN ]